Doubts raised over Telangana, Andhra Pradesh signing agreements with private company
After the Telangana government signed an MoU with Ursa Clusters, a US-based data centre company, at the World Economic Forum in January 2025, the State Investment Promotion Board of Andhra Pradesh too inks a pact with the same firm on April 10, 2025
Hyderabad: People from different sections are raising questions about one private company signing back-to-back agreements with Telangana and Andhra Pradesh.
At the World Economic Forum in January this year, the Telangana government signed a Memorandum of Agreement with Ursa Clusters, a US-based data centre company, to establish a 100 MW AI-powered data centre hub in Hyderabad. The total investment was estimated at Rs 5,000 crore. The company established its office here on February 12.
Meanwhile, according to reports, the State Investment Promotion Board of Andhra Pradesh too has now approved allotment of 3.5 acres of land at the IT Park, Visakhapatnam to Ursa Clusters Private Limited.
At a meeting chaired by Chief Minister N Chandrababu Naidu on April 10, the Board also approved allotment of 56.36 acres to the same company at Kapulappada, Visakhapatnam. The government said the company had come forward to set up an AI Data Centre with Rs 5,728 crore. However, these agreements have triggered doubts among people from different sections.
BRS spokesperson Manne Krishank on X said: “Ursa Cluster was formed in 2024. In January 2025, Telangana signs MoU for Rs 5000 crore. In April 2025, Andhra Pradesh allots 60 acres land… Hope this is not one more IMG Bharata Fraud company, in which both State governments are jointly involved..”